I have listed a new property at 11317 Hummingbird PL in NORTH SAANICH.
French Country Style living meets Elegance! Built with a high standard in 2017 & upgraded by the current owner, this one ticks all the boxes. 3 gated entrances to a sunsoaked 1 acre property that suits everyone from car enthusiasts to hobby farmers. Step into the foyer of the main residence & take in the captivating celestial windows that spill east & south sun into all principle living areas. With warm & welcoming cream color cabinetry & 2 tone quartz in the Chef’s kitchen that comes complete w/6 burner gas stove, dual ovens & all the essentials that make cooking a pleasure. On the main level you'll find an elegant master with dazzling ensuite & walk in dressing room, coupled with another main floor BR & BA. Upstairs is 2 more BR's & 2 BA's, office & a multi use media/billiards room w/custom built ins. Step out to extensive covered outdoor living area, w/ hot tub & eating area all overlooking your beautiful firepit area. All this & a detached 1 level self-contained 2 BR, 1 BA, suite.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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Please visit our Open House at 2244 Markinch PL in SIDNEY.
OPEN HOUSE: SAT 11-1 West Coast Style Home in Sidney by the Sea
Located a stone’s throw to Roberts Bay & a short walk to all amenities of Sidney By the Sea, this fully fenced freehold lot is located on a quiet new cul-de-sac just one block off Resthaven. This south facing detached home offers plenty of light & looks as though it just popped out of a home design magazine. We're sure you'll appreciate the classic craftsman style exterior & beautiful interior extras, such as coffered ceilings in the livingroom, wainscoting, master on the main with beautiful vaulted ceiling, ensuite & stunning tiled walk-in shower. This house works well as a 3 OR 4 bedroom home, as it features a media/flex room up, which can function as an extra bedroom. Stunning quartz island is a centerpiece in this inviting cooks kitchen which comes complete with gas range, tile backsplash & KitchenAid appliances. Outside you'll find a large, easy care interlocking brick patio. This partially covered area even comes complete with gas BBQ outlet, making it perfect for those year round BBQ's
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Please visit our Open House at 2244 Markinch PL in SIDNEY.
Open House on Saturday, July 13, 2019 11:00AM - 1:00PM $989,000 OPEN HOUSE SAT 11-1, Close to beaches & amenities, 3 OR 4 BR home features a media/flex room, which can function as an extra bedroom. This south facing home offers plenty of light & looks as though it just popped out of a home design magazine.
Located a stone’s throw to Roberts Bay & a short walk to all amenities of Sidney By the Sea, this fully fenced freehold lot is located on a quiet new cul-de-sac just one block off Resthaven. This south facing detached home offers plenty of light & looks as though it just popped out of a home design magazine. We're sure you'll appreciate the classic craftsman style exterior & beautiful interior extras, such as coffered ceilings in the livingroom, wainscoting, master on the main with beautiful vaulted ceiling, ensuite & stunning tiled walk-in shower. This house works well as a 3 OR 4 bedroom home, as it features a media/flex room up, which can function as an extra bedroom. Stunning quartz island is a centerpiece in this inviting cooks kitchen which comes complete with gas range, tile backsplash & KitchenAid appliances. Outside you'll find a large, easy care interlocking brick patio. This partially covered area even comes complete with gas BBQ outlet, making it perfect for those year round BBQ's
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I have listed a new property at 2244 Markinch PL in SIDNEY.
Located a stone’s throw to Roberts Bay & a short walk to all amenities of Sidney By the Sea, this fully fenced freehold lot is located on a quiet new cul-de-sac just one block off Resthaven. This south facing detached home offers plenty of light & looks as though it just popped out of a home design magazine. We're sure you'll appreciate the classic craftsman style exterior & beautiful interior extras, such as coffered ceilings in the livingroom, wainscoting, master on the main with beautiful vaulted ceiling, ensuite & stunning tiled walk-in shower. This house works well as a 3 OR 4 bedroom home, as it features a media/flex room up, which can function as an extra bedroom. Stunning quartz island is a centerpiece in this inviting cooks kitchen which comes complete with gas range, tile backsplash & KitchenAid appliances. Outside you'll find a large, easy care interlocking brick patio. This partially covered area even comes complete with gas BBQ outlet, making it perfect for those year round BBQ's
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

Please visit our Open House at 6 2740 Stautw RD.
OPEN HOUSE Sun 1-3, Panoramic Ocean Views
OPEN HOUSE SUN 1-3, Picture this... panoramic ocean views & the perfect layout await you. All your living on 1 level that comes complete with an unfinished full walk out basement! This is what living at Hummingbird Village can offer. This 2 BR, 2 BA home w/ 1375 sq. ft. of finished living space & 1345 of unfinished lower level. Featuring in this Adult 45+ gated community is simply one of the best layouts & views that this complex has to offer. You are going to be in awe of the incredible views of Saanichton Bay, James Island & beyond. Vaulted ceilings, spacious dining room leading to a wonderful sunny deck to take in the scenery, "new" kitchen w/ plenty of cabinets & s/s appl, master w/ walk-in closet, 3 pc ensuite w/ skylight, guest BR/DEN, 4 pc BA all make the upper level. Downstairs is unfinished & full height ready for your planning, the options are endless. Outdoors, is a good sized yard/garden area. Close to Saanichton, airport, Sidney and ferries. Come see for yourself, you won't be disappointed.
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Please visit our Open House at 6 2740 Stautw RD.
Open House on Sunday, June 23, 2019 1:00PM - 3:00PM This 2 BR, 2 BA home has 1375 square feet of finished living space & 1345 of unfinished in the lower level. Featuring in this Adult 45+ gated community is simply one of the best layouts & panoramic ocean views this complex has to offer.
OPEN HOUSE SUN 1-3, Picture this... panoramic ocean views & the perfect layout await you. All your living on 1 level that comes complete with an unfinished full walk out basement! This is what living at Hummingbird Village can offer. This 2 BR, 2 BA home w/ 1375 sq. ft. of finished living space & 1345 of unfinished lower level. Featuring in this Adult 45+ gated community is simply one of the best layouts & views that this complex has to offer. You are going to be in awe of the incredible views of Saanichton Bay, James Island & beyond. Vaulted ceilings, spacious dining room leading to a wonderful sunny deck to take in the scenery, "new" kitchen w/ plenty of cabinets & s/s appl, master w/ walk-in closet, 3 pc ensuite w/ skylight, guest BR/DEN, 4 pc BA all make the upper level. Downstairs is unfinished & full height ready for your planning, the options are endless. Outdoors, is a good sized yard/garden area. Close to Saanichton, airport, Sidney and ferries. Come see for yourself, you won't be disappointed.
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Please visit our Open House at 1780 Fairfax PL in NORTH SAANICH.
Open House on Saturday, June 8, 2019 11:00AM - 1:00PM
Exceptionally maintained sun-soaked property located on quiet cul-d-sac in Dean Park. This one owner home has been meticulously cared for and loved throughout all the generations of this family. With 3194 sq ft of finished living space, this home offers the perfect layout with all your living on the main floor. Kitchen has a bright, sunny eating area that connects through to the family room which leads to your large sunny deck overlooking a stunningly landscaped backyard. Full height lower level with plenty of windows & an extra living area that we hope makes a great space for the next family to enjoy as much as this one has. For the family that needs it, this area could also work well for an in-law suite as downstairs has a large bedroom, fireplace, games room & a full bath. This set up is perfect as a man cave, for teenagers or to host out of town guests. Enjoy the perfect end to your long day relaxing on your upper deck taking in the sounds & beautiful features of the outdoor water fountain.
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I have listed a new property at 1056 Parsell PL in BRENTWOOD BAY.
With Buchart Gardens just blocks away, this is the location you've been waiting for. Immaculate home on a quiet area of this lovely cul-de-sac. Step into the foyer & you will feel ready to make yourself comfortable. With an extra large 20 X 15 master bedroom featuring an ensuite complete with a soaker tub/shower & large walk in closet, this one is ready for you to call home. 3 more bedrooms & a TV room all located on the upper level compliment this layout. Main level dining room, kitchen & family room all overlook your stunning, bright back yard & deck area. Large kitchen with honey hued cabinetry & granite countertops flows directly into an inviting family room, perfect for those entertaining evenings. Step out onto your end to end east & south facing deck with newer composite decking, all overlooking a maturely landscaped backyard with a park as your "back fence" neighbor. Your 11,000 sq foot lot backs onto Gore Park, a 6.77 hectare park in a Garry Oak ecosystem. Welcome Home!!
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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I have listed a new property at 2402 Lovell AVE in SIDNEY.
Launch your kayak from your front yard. All season long enjoy unobstructed water views from all principle rooms & natural light streaming through your wall to wall windows. Main floor is impeccably laid out with an open floor plan that is comfortable while elegant. Stunningly remodeled gourmet kitchen, gleaming wood floors & beautiful built ins that frame your feature fireplace. Perched on the edge of the stunning south shore of Roberts Bay is this luxurious 2nd owner home. Drive down the private driveway & you will have your breath taken away as you approach this Craftsman style beauty. Exceptionally constructed home with extensive upgrades & improvements by the current owners. Perfect set-up for the in-laws or extended family is the bachelor suite on main level, which comes with its own incredible views. Rarely do homes on Lovell come to the market as it provides some of the most stunning, warm waterfront beach area with an easy walk to all the amenities offered in Sidney By The Sea.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

Please visit our Open House at D 7885 West Coast RD in SOOKE.
OPEN HOUSE: Beach Access Beauty in Sooke,This lovely 2 Bedroom 1 Bathroom home offers just over 5,000 sq ft of sun soaked yard & waterfront access. Steps to beaches & just a couple mins from downtown Sooke. Strata is comprised of 5 lots, fees of only $26 and plenty of parking.
Welcome to home ownership! Why buy a condo when you can start with this lovely 2 Bedroom 1 Bath home which offers you just over 5,000 sq foot of sun soaked yard. This one comes with waterfront access as well as an easement area which allows you to utilize the boat launch (for a fee). Situated literally steps to the beaches of the Otter Point area & just a couple mins from downtown Sooke. The strata is comprised of 5 lots, fees of only $26. & plenty of parking. This cottage was re-built in 1988, features a comfortable livingroom complete with gas fireplace to keep you cozy on those winter evenings. Eating area off the kitchen & large covered deck area, perfect for those evening BBQ's with family after coming back from a day at the beach or out on your boat. This home is even set up with generator power back up for those stormy winter days. Fully fenced yard, exterior storage shed, mature gardens & plantings, this one is just ready for you to plan your moving dates. Get ready to move in!
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Please visit our Open House at D 7885 West Coast RD in SOOKE.
Open House on Sunday, May 5, 2019 1:00PM - 3:00PM This lovely 2 Bedroom 1 Bathroom home offers just over 5,000 sq ft of sun soaked yard & waterfront access. Steps to beaches & just a couple mins from downtown Sooke. Strata is comprised of 5 lots, fees of only $26 and plenty of parking.
Welcome to home ownership! Why buy a condo when you can start with this lovely 2 Bedroom 1 Bath home which offers you just over 5,000 sq foot of sun soaked yard. This one comes with waterfront access as well as an easement area which allows you to utilize the boat launch (for a fee). Situated literally steps to the beaches of the Otter Point area & just a couple mins from downtown Sooke. The strata is comprised of 5 lots, fees of only $26. & plenty of parking. This cottage was re-built in 1988, features a comfortable livingroom complete with gas fireplace to keep you cozy on those winter evenings. Eating area off the kitchen & large covered deck area, perfect for those evening BBQ's with family after coming back from a day at the beach or out on your boat. This home is even set up with generator power back up for those stormy winter days. Fully fenced yard, exterior storage shed, mature gardens & plantings, this one is just ready for you to plan your moving dates. Get ready to move in!
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I have listed a new property at D 7885 West Coast RD in SOOKE.
Welcome to home ownership. Why buy a condo when you can start with this lovely 2 Bedroom 1 Bath home which offers you just over 5,000 sq foot of sun soaked yard. This one comes with waterfront access as well as an easement area which allows you to utilize the boat launch (for a fee). Situated literally steps to the beaches of the Otter Point area & just a couple minutes from downtown Sooke. This strata is comprised of 5 lots, with plenty of parking. This cottage was re-built in 1988, features a comfortable livingroom complete with gas fireplace to keep you cozy on those winter evenings. Eating area off the kitchen & a large covered deck area, perfect for those evening BBQ's with family after coming back from a day at the beach or out on your boat. This home is even set up with generator power back up for those stormy winter days. Fully fenced yard, exterior storage shed, mature gardens & plantings, this one is just ready for you to plan your moving dates. Get ready to start packing!!
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 1780 Fairfax PL in NORTH SAANICH.
Exceptionally maintained sun-soaked property located on quiet cul-d-sac in Dean Park. This one owner home has been meticulously cared for and loved throughout all the generations of this family. With 3194 sq ft of finished living space, this home offers the perfect layout with all your living on the main floor. Kitchen has a bright, sunny eating area that connects through to the family room which leads to your large sunny deck overlooking a stunningly landscaped backyard. Full height lower level with plenty of windows & an extra living area that we hope makes a great space for the next family to enjoy as much as this one has. For the family that needs it, this area could also work well for an in-law suite as downstairs has a large bedroom, fireplace, games room & a full bath. This set up is perfect as a man cave, for teenagers or to host out of town guests. Enjoy the perfect end to your long day relaxing on your upper deck taking in the sounds & beautiful features of the outdoor water fountain.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 6 2740 Stautw RD.
Picture this... panoramic ocean views & the perfect layout await you. All your living on 1 level that comes complete with an unfinished full walk out basement! This is what living at Hummingbird Village can offer. This 2 BR, 2 BA home w/ 1375 sq. ft. of finished living space & 1345 of unfinished lower level. Featuring in this Adult 45+ gated community is simply one of the best layouts & views that this complex has to offer. You are going to be in awe of the incredible views of Saanichton Bay, James Island & beyond. Vaulted ceilings, spacious dining room leading to a wonderful sunny deck to take in the scenery, "new" kitchen w/ plenty of cabinets & s/s appl, master w/ walk-in closet, 3 pc ensuite w/ skylight, guest BR/DEN, 4 pc BA all make the upper level. Downstairs is unfinished & full height ready for your planning, the options are endless. Outdoors, is a good sized yard/garden area. Close to Saanichton, airport, Sidney and ferries. Come see for yourself, you won't be disappointed.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 10690 Blue Heron RD in NORTH SAANICH.
Proudly offering this one owner West Coast waterfront estate w/ unparalleled private deep-water moorage. Located on the eastern tip of the Saanich Peninsula, Tsehum Harbour is a center for coastal yachting activity. The sheltered waters are home to a plethora of marina wildlife, most notably aquatic migratory birds enjoying the area's designated sanctuary. The home sits on a level .46 acre sun drenched lot w/ varying views of the local marine traffic. Enjoy immediate access to Haro Strait, the Gulf & San Juan Island archipelagos & beyond. There truly is not better spot to launch your coastal marine excursions from. Inside, the open concept living & dining rooms are ideal for entertaining w/ high ceilings, over-sized windows & glorious waters views. The wraparound decks & patios make for great outdoor living spaces. Low maintenance mature gardens, level lawns & plenty of parking possibilities. The private dock easily accommodates a 43' 2019 Riviera, as provided by Van Isle Marina.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 2242 Markinch PL.
GST is Included. This one has everything you have been asking for. With attention to the details from one end to the other, not a single element has been spared. What separates this home from many new builds you may have seen is in the details. Walk in through the stunning custom front door & instantly start noticing extras such as 6" baseboards, in floor radiant heating, coffered ceilings, ex wide staircase, large main floor master with window seat & magazine worthy stunner ensuite. Walk through & feel like you are on the set of a home design show & imagine yourself living here surrounded by beauty. Located a stone’s throw to Roberts Bay & a short walk to all the amenities of Sidney By the Sea. These freehold lots are located on a quiet cul-de-sac of new homes one block off Resthaven. Single Car garage with a storage room & electric car charging station, finished storage areas in attics, off street parking. Easy care, west exposure landscaped yard, fully fenced with sprinkler system.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 3 9855 Resthaven DR in SIDNEY.
Welcome home! Brandy Mews is a 8 unit complex in the heart of Sidney By the Sea! The exterior has undergone a recent facelift, with new windows, exterior paint, beautiful front doors with glass storm doors, light fixtures, gutters, house numbers. Every exterior detail is fresh & new! Pet friendly complex allows 1 dog & 1 cat and BBQ's. No rentals & no age restriction in the complex. With gas already to your unit you can extend those summer evenings on your west facing patio by adding a firepit to your fenced very private yard area. Inside you will find a 2 bed 2 bath wich features a large master with walk-in closet, upstairs laundry room, spacious 2nd bed & fully updated main bath. Bright well laid out mainfloor w/ freestanding gas stove, dining area & a pass through from kitchen to living room, 2 piece guest bath & large utility room. This one comes with a detached single car garage & large crawlspace for plenty of storage and walking distance to all amenaties Sidney has to offer.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

Read full post

I have listed a new property at 105 1514 Church AVE in VICTORIA.
Welcome to the Julia, this building was well built at the time & has been kept up to "like new condition". Best of all it has a well run strata that allows 2 pets, BBQs, no age or rent restrictions, offers in-suite laundry & your strata fees even include your hot water, secure underground parking, bike lockup, storage unit & a unique rooftop garden with sunny gazebo. This 2 bedroom condo offers separation of living & 2 full bathrooms. Modern, open layout with high end finishing including granite counter tops, engineered hardwood flooring, stainless steel appliances, crown mouldings & wood cabinetry. We are sure you will appreciate the large living room, eating area & extended countertop, perfect for your pull up bar stools. Enjoy your main level, corner unit with plenty of windows that allows south sun to spill in. All this within walking distance to UVIC & Camosun you are literally steps to Shelbourne Plaza, restaurants, banking, major bus routes to all areas of Victoria.
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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I have listed a new property at 14 5110 Cordova Bay RD in VICTORIA.
Easy Living by the Beach! This sought-after Cordova Bay Beach Estates townhome comes with that in spades. Situated directly across from some of the best beaches Victoria has to offer in this well laid out townhome. This impeccably maintained complex boasts a clubhouse with indoor pool, hot tub & exercise area as well as guest accommodations for your out of town guests. The main level has a bright spacious kitchen with a separate eating area and a bedroom or office and a full bathroom. Warm yourself on those winter eves in your living room which features a wood burning fireplace. Step outside the large patio doors onto a lovely exposed concrete patio. On the upper level you will find a spacious master complete with ensuite bathroom, separate laundry room, single car garage & storage room. This one is freshened up with new paint & is ready to move in. With neighbors like the Beachouse Restaurant, Cordova Bay Golf Course & Matticks Farm, Welcome Home we know you're going to love it here!
 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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Victoria real estate market awaits a spring thaw
 
A total of 421 properties sold in the Victoria Real Estate Board region this February, 22.8 per cent fewer than the 545 properties sold in February 2018 but a 28 per cent increase from January 2019. Sales of condominiums were down 25.9 per cent from February 2018 with 129 units sold but were up from January 2019 by 16.2 per cent. Sales of single family homes were down 15.8 per cent from February 2018 with 219 sold.
 
"Buyers and sellers appear to be looking at the current real estate market from different perspectives," says Victoria Real Estate Board President Cheryl Woolley. "Buyers are hoping to see reductions in prices because governments have told the public that policies like the mortgage stress test and the speculation tax will improve affordability. However, the actual result of some of these policies seems to have softened the higher priced end of the market and increased competition for properties at the lower priced end. Conversely, sellers may be holding out to see if prices increase in the spring, and those hoping to up-size may be unable to qualify for the funds needed to move up because of the stress test."
 
There were 2,131 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February 2019, an increase of 3.6 per cent compared to the month of January and a 37.9 per cent increase from the 1,545 active listings for sale at the end of February 2018.  
 
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in February 2018 was $848,600. The benchmark value for the same home in February 2019 decreased by 0.3 per cent to $845,900, lower than January's value of $847,800. The MLS® HPI benchmark value for a condominium in the Victoria Core area in February 2018 was $483,700 while the benchmark value for the same condominium in February 2019 increased by 3.9 per cent to $502,800, slightly higher than January's value of $499,700.
 
"Local REALTORS® continue to be very busy showing listings, so demand is evident in the greater Victoria area," adds President Woolley. "Currently, we still have very low inventory compared to the long-term average with little having come into the market this past month. As the spring thaw comes, there's a good chance more listings will come onto the market which will create more options for prospective buyers. Homes in sought-after areas and those that are lower priced remain in high demand. Now is a good time to connect with your Realtor to discuss your goals and how to navigate the current market."
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.